EGE - Econ - Integration Readings

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Economics Semester Integration Ideas

Unit 1



Ode unit that incorporates all terms
Odes.docx

Inquiry note sheets
ECON.Ode.topics.inquiry.docx

...and some more
How to write a persuasive letter.docx
Sample persuasive letter.color.green.docx
Q3.Inquiry.Scaffold.Facts.docx

Persuasive letter graphic.docx
Q3.Inquiry.Scaffold.Questions.docx

Working with the ode -- fiction reading
Ode.summary.docx
Storyboard notes.docx




Unit 2


  • demand
  • equilibrium
  • invisible hand / market mechanism
  • law of demand
  • law of supply
  • market
  • market price
  • monopoly
  • perfect competition
  • substitute goods
  • supply
  • competition
  • private property rights
  • profit motive
  • self-interest
  • voluntary exchange

Unit 3


  • Factors of production
    • capital (Physical capital and human capital)
    • land
    • labor
  • Economic Systems
    • capitalism
    • centrally-planned system (command economy)
    • communism
    • economic efficiency
      • maximization of resources (the factors of production) to maximize the output of goods and services;
      • minimizing waste.
      • Increasing productivity.
      • economic equity: the idea that resources should be distributed more equally in society
        market-based economic system
    • free market
    • laissez faire
    • mixed economies (modern economies
    • socialism


Unit 4


  • collateral
  • compounding interest
  • credit
  • credit cards
  • credit history / credit report
  • debt
  • default / foreclosure
  • interest
  • interest rate
  • mortgage
  • principal
  • student loans
  • down payment
  • diversification
  • financial adviser
  • growth (as an investment objective)
  • income (as an investment objective)
  • investment
  • liquidity
  • portfolio
  • risk
  • return
  • corporation
  • dividends
  • “going public” / IPO
  • stock/shares
  • shareholder
  • stock market / stock exchange
  • bonds
  • CD (Certificate of Deposit)
  • home equity
  • maturity
  • mutual fund
  • real estate
  • retirement accounts (i.e. IRAs, 401ks)
  • coverage
  • deductible
  • insurance policy
  • insurance rates
  • premiums
  • what affects your rates
  • collision insurance
  • comprehensive insurance
  • liability insurance


Unit 5

  • contracts
  • patents
  • anti-trust laws
  • natural monopoly
  • market failure
  • public goods
  • safety nets
  • external costs/ negative externalities
  • regulation
  • subsidies (reasons for them, affect on supply, demand and prices)
  • excise tax (reasons for them, affect on supply, demand and prices)
  • Classical economics
  • Keynesian economics
  • consumer confidence
  • discount rate (The role of the Fed)
  • Gross Domestic Product (GDP)
  • GDP growth rate
  • GDP per capita
  • income inequality measures (gap between rich and poor)
  • inflation / Consumer Price Index (CPI)
  • money supply
  • new housing starts
  • poverty rate
  • unemployment rate